Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > NaturalNano and Oxford Performance Materials Execute Exclusive Joint Development and Supply Agreement

Abstract:
OPM Introduces Pleximer-Based Nanocomposite

NaturalNano and Oxford Performance Materials Execute Exclusive Joint Development and Supply Agreement

ROCHESTER, NY | Posted on October 22nd, 2008

NaturalNano (OTCBB: NNAN) (FWB: N3N), and Oxford Performance Materials (OPM), today announced that the companies have signed an exclusive joint development and supply agreement. Within the scope of the agreement, OPM and NaturalNano will work to develop products, applications and markets for the combination of OPM's OXPEKK® and NaturalNano's state-of-the-art Pleximer™ technology.

This new class of high-performance thermoplastics, OXPEKK-DRT, is expected to significantly improve the processing and mechanical properties of OXPEKK, while increasing the range of potential applications for current OXPEKK materials. Under the agreement, NaturalNano will purchase certain polyketone polymers exclusively from OPM and, using its Pleximer technology, produce polyketone-halloysite compounds which it will sell exclusively to OPM.

"Our work with NaturalNano has yielded some of the most significant products in the history of our company," said Scott DeFelice, President and CEO of OPM. "The affinity of our polymer-to-nano-phase fillers has been well known to us for years, though the challenge has always been finding highly reliable and dispersible nano-scale additives. The unique properties of halloysite in NaturalNano's Pleximer product have solved this problem for us."

"I am very excited about using our Pleximer technology in Oxford's OXPEKK," said Cathy Fleischer, PhD, President and CTO of NaturalNano. "We believe by combining our leading products, we can bring stronger, lighter and less expensive properties to the users of high-value polyketone polymers."

OPM's OXPEKK products are specified on the Boeing 787 aircraft. The Boeing 787 aircraft has been slated to contain as much as 50% advance polymer composites in its primary structure, and has been scheduled to enter service in the third quarter of 2009. OXPEKK-DRT polymer products will initially be marketed to OPM's core customers in the energy management, aerospace, electronics and medical markets. Existing high performance polymer users in need of additional performance will be a target market for these materials. OXPEKK-DRT materials can be either injection molded or extruded, enabling a broad range of applications.

####

About NaturalNano
NaturalNano, Inc. (www.naturalnano.com) (OTCBB: NNAN) (FWB: N3N) is a materials science company focused on developing and commercializing advanced nanocomposites and extended release nanotechnologies. Based in Rochester, NY, the Company is focused on additive technologies and processes, including its proprietary Pleximer™ polymer additive, that add value to industrial polymers, plastics and composites, as well as consumer and industrial products. NaturalNano holds and licenses over 25 patents and applications, as well as proprietary know-how for extraction and separation processes, compositions, and derivatives of Halloysite and other nanotubes.

About OPM

Founded in March 2000, OPM has rapidly become an industry leader in the ultra-high performance thermoplastic polymers market. The firm's versatile OXPEKK® polymers are currently being used in space and defense, medical, semiconductor and industrial markets worldwide. For additional information, please visit www.oxfordpm.com.

Cautionary Statement Regarding Forward-Looking Statements: This press release may contain forward-looking statements regarding future events and future performance of NaturalNano that involve risks and uncertainties that could materially affect actual results. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in certain of NaturalNano's filings with the Securities and Exchange Commission. The most recent annual reports on Form 10-KSB and quarterly reports on Form 10-QSB filed by NaturalNano provide information about these factors, which may be revised or supplemented in future reports to the SEC on those forms or on Form 8-K. We caution investors not to place undue reliance on forward-looking statements, and we do not undertake any obligation to update or otherwise revise any forward-looking statements, whether as a result of new information, future events, or other such factors that affect the subject of these statements, except where expressly required by law.

For more information, please click here

Contacts:
Patrick Kane, Karen Keller
Lambert, Edwards & Associates
616.233.0500

Copyright © Marketwire

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

'Lasers rewired': Scientists find a new way to make nanowire lasers: Berkeley Lab, UC Berkeley scientists adapt next-gen solar cell materials for a different purpose February 12th, 2016

Breaking cell barriers with retractable protein nanoneedles: Adapting a bacterial structure, Wyss Institute researchers develop protein actuators that can mechanically puncture cells February 12th, 2016

Replacement of Toxic Antibacterial Agents Possible by Biocompatible Polymeric Nanocomposites February 12th, 2016

Properties of Polymeric Nanofibers Optimized to Treat Damaged Body Tissues February 12th, 2016

Materials/Metamaterials

A metal that behaves like water: Researchers describe new behaviors of graphene February 12th, 2016

Replacement of Toxic Antibacterial Agents Possible by Biocompatible Polymeric Nanocomposites February 12th, 2016

SLAC X-ray laser turns crystal imperfections into better images of important biomolecules: New method could remove major obstacles to studying structures of complex biological machines February 11th, 2016

Chemical cages: New technique advances synthetic biology February 10th, 2016

Announcements

Graphene leans on glass to advance electronics: Scientists' use of common glass to optimize graphene's electronic properties could improve technologies from flat screens to solar cells February 12th, 2016

Breaking cell barriers with retractable protein nanoneedles: Adapting a bacterial structure, Wyss Institute researchers develop protein actuators that can mechanically puncture cells February 12th, 2016

Replacement of Toxic Antibacterial Agents Possible by Biocompatible Polymeric Nanocomposites February 12th, 2016

Properties of Polymeric Nanofibers Optimized to Treat Damaged Body Tissues February 12th, 2016

Alliances/Trade associations/Partnerships/Distributorships

NSS Pays Tribute to Late NSS Governor Dr. Marvin Minsky, A Pioneer in Artificial Intelligence February 11th, 2016

SUNY Poly and GLOBALFOUNDRIES Announce New $500M R&D Program in Albany To Accelerate Next Generation Chip Technology: Arrival of Second Cutting Edge EUV Lithography Tool Launches New Patterning Center That Will Generate Over 100 New High Tech Jobs at SUNY Poly February 9th, 2016

Vesper Collaborates with GLOBALFOUNDRIES to Deliver First Piezoelectric MEMS Microphones: Acoustic sensing company works with top foundry to support mass-market consumer products January 21st, 2016

Imec and Cloudtag Collaborate on High Quality Frictionless Wearables for Lifestyle Coaching: Next-generation health and fitness tracker Cloudtag TrackTM launched at CES 2016 January 7th, 2016

NanoNews-Digest
The latest news from around the world, FREE





  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







Car Brands
Buy website traffic